SFGTV2: San Francisco Government Television
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Jun 29, 2013
06/13
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and that's partly a philosophy of the sharing economy as well. and whether it's a need for space, people need to have space as they did in the aftermath of hurricane sandy, or now in oklahoma, or whether they needed to get a car because their car was damaged, or they needed some repairs in their house, they're trying to relight the pilot in the stove and they didn't know how to do it. they can't find the big utilities enthralled in a great effort elsewhere. these sorts of things people can help each other and we can access the companies that are part of bay share and the share economy to get some help for people right away. it's all in the general effort that i want people of san francisco in every single neighborhood to know we want them here as part of the recovery, that they're not going elsewhere, we're not leaving them alone. we're not leaving them isolated. i learned that big lesson as myself and others who went with me to new orleans a few years back a couple years after their levees broke. we tried to understand the frustration of people
and that's partly a philosophy of the sharing economy as well. and whether it's a need for space, people need to have space as they did in the aftermath of hurricane sandy, or now in oklahoma, or whether they needed to get a car because their car was damaged, or they needed some repairs in their house, they're trying to relight the pilot in the stove and they didn't know how to do it. they can't find the big utilities enthralled in a great effort elsewhere. these sorts of things people can help...
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Jul 2, 2013
07/13
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CSPAN2
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with fixing a system that's frankly not only not helping our economy but hurting our economy. that's the pressure that needs to come to there. if anybody thinks that there's a senate bill that house members will feel pressure that's just not true. i think, however, in the house there are people who understand that got elected to fix what is broken. and i think it's very evident, that very few things are as broken and are as detrimental to our national security, to our economic stability and security, to our future than is broken immigration system. that's where the pressure lies, not, you're absolutely right, the majority of folks in the house, they're not going to feel pressured because there's a senate bill but i hope they feel pressure because we have a broken system that i think we can show there are fixes, there are enforceable that make sense, that protects the rule of law, that help our economy. that's the pressure i think hopefully will come to their. >> can i just add, i know this wasn't directed to me, but this is not just a latino issue. i think that's -- it is but
with fixing a system that's frankly not only not helping our economy but hurting our economy. that's the pressure that needs to come to there. if anybody thinks that there's a senate bill that house members will feel pressure that's just not true. i think, however, in the house there are people who understand that got elected to fix what is broken. and i think it's very evident, that very few things are as broken and are as detrimental to our national security, to our economic stability and...
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Jul 5, 2013
07/13
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LINKTV
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threatening the future of its coalition government, concern that any instability may further harm the economy. our correspondent reports on how the downturn is taking its toll across the generations. >> they fill the room every day, pensioner who is come for cheap lunches provided by the catholic church. mary y and gabriella are widows trying to survive on a few hundred euros per month. >> i don't go to the demonstration because i have no special need otherwise i would go. >> it's much worse, i don't understand politics. but i know everything is getting more spencive. >> the portuguese are tired of austerity but they want to keep their country in the euro zone. >> portugal's politicians are under a lo of pressure from other european leader who is don't want to see another election here in portugal with all the doubts and uncertainty that would raise around portugal's ability to stick by the terms of its bailout agreement. >> for the unemployed the outlook is bleak. i met paula and luisa at alice bonn charity. b here. difficult to find i don't have answers. >> do you think about leaving portug
threatening the future of its coalition government, concern that any instability may further harm the economy. our correspondent reports on how the downturn is taking its toll across the generations. >> they fill the room every day, pensioner who is come for cheap lunches provided by the catholic church. mary y and gabriella are widows trying to survive on a few hundred euros per month. >> i don't go to the demonstration because i have no special need otherwise i would go. >>...
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Jun 29, 2013
06/13
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the economies of both countries are high on the agenda. understand that a great deal of time was spent on that, access to american products for south african products in america. the international criminal court. postmortem on the intervention in libya. it doesn't look like anything particularly momentous was discussed or decided. egyptians are preparing for the worst. supporters and opponents of morsi.d an american student is dead who was interning. morsi'saccuse government of mismanagement. his supporters are determined to keep him in power. for more on that, we're going to go to our cairo correspondent. things seem to be calm today in cairo. is this the low before the storm? yesterday we had a peek after the friday prayer, then towards the evening. relatively quiet. everyone thinks it will pick up in the evening. tomorrow will be the big day that is announced since weeks of people come to the streets. lots of people are expected tomorrow on the streets. it's very unpredictable if it will be peaceful demonstrations or if you will see cla
the economies of both countries are high on the agenda. understand that a great deal of time was spent on that, access to american products for south african products in america. the international criminal court. postmortem on the intervention in libya. it doesn't look like anything particularly momentous was discussed or decided. egyptians are preparing for the worst. supporters and opponents of morsi.d an american student is dead who was interning. morsi'saccuse government of mismanagement....
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Jun 29, 2013
06/13
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they claim they made several concessions and cutbacks in the past and with the economy improving, they should be able to get some of their wages back. >> of court services, open residents during economic times. it is first members and i want to say we are proud to show our true colors standing here in blue. we will be on strike monday, july 1st. >> one-day strike, and the strike is set to take affect starting at 6:00 a.m.. >>> well, it's been two years since brian stowe was nearly beaten to death outside dodgers stadium. his recovery has not been easy. law shows us what his life is like now. >> there's no masking the strain. each step a challenge trying to walk just a few feet, but the biggest hurdles for brian stowe are the ones you can't see. >> you did good. >> a stunning feat for a man who two years ago was beaten in the parking lot on opening day. why? he was wearing a san francisco giants shirt. stowe suffering massive brain trauma relearned how to breathe, eat and struggles to talk or think clearly. >> this, i got from some kid. it says, "i love you. ". >> you know who that's fr
they claim they made several concessions and cutbacks in the past and with the economy improving, they should be able to get some of their wages back. >> of court services, open residents during economic times. it is first members and i want to say we are proud to show our true colors standing here in blue. we will be on strike monday, july 1st. >> one-day strike, and the strike is set to take affect starting at 6:00 a.m.. >>> well, it's been two years since brian stowe was...
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Jul 4, 2013
07/13
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if they try to repress it, their economy will flow down, i think. and if they don't, the economic side of the economy will do well but i think that will probably syst. pressure on the political i don't know what that means quite but i think there will probably have to be changes in their political system and how it functions and operates. but i guess time will tell. one of the chinese proverbs that i have always kind of music over is sometimes you have to kill a chicken to frighten the monkeys. and they do that. they do something -- they invaded part of india not long ago where they captured some fishermen in the islands to fight the monkeys and us and everybody else. but they are measured and they take a long i remembered reading that they had a defense minister that fled the country to go to the soviet union at a certain moment. he must not have been doing well and his plane was shot down, and he was killed and a messenger came in and told him that his defense minister had just been killed in a plane crash and his comment was rain will fall and wi
if they try to repress it, their economy will flow down, i think. and if they don't, the economic side of the economy will do well but i think that will probably syst. pressure on the political i don't know what that means quite but i think there will probably have to be changes in their political system and how it functions and operates. but i guess time will tell. one of the chinese proverbs that i have always kind of music over is sometimes you have to kill a chicken to frighten the monkeys....
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Jul 2, 2013
07/13
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the bureau of labor statistics has estimated that this year, the economy will create over 120,000 new jobs that will require a bachelor's degree in computer science. and yet we estimate that all of the colleges and universities in the country put together will produce only 51,474 of these degrees. that is why high-skilled legislation -- high skilled immigration in this legislation is so important. it addresses three things. first, it addresses the green card shortage. it eliminates, or goes very far to reduce the backlog. it eliminates the per country cap. and it creates the new green card category for advanced degrees. all things that are needed. thend, in the h1b area, bill quite rightly have ascreased the number of h1b' that are available. it improved portability so that switchloyees can employers. and even though we have lingering questions about potential unintended consequences, we recognize that compromise is needed all around and we hope to be able to work with this committee and its staff as you go through the details. there is a third thing this bill does that is of extraord
the bureau of labor statistics has estimated that this year, the economy will create over 120,000 new jobs that will require a bachelor's degree in computer science. and yet we estimate that all of the colleges and universities in the country put together will produce only 51,474 of these degrees. that is why high-skilled legislation -- high skilled immigration in this legislation is so important. it addresses three things. first, it addresses the green card shortage. it eliminates, or goes...
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Jul 4, 2013
07/13
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. >> reporter: crime soaring, the economy crumbling and above all, the revolution, the one they fought for back in tahrir square, was being hijacked by islamist fundamentalists. even going back to tahrir to protest was too dangerous for her and her friends. sexual harassment of women there was rampant. they demonstrated outside the presidential palace instead. tonight, finally calls for change have been answered. great concern about what comes next, she feels once again egypt is a country she can be proud of. this evening, the message out of tahrir, they have endured dictatorships, totalitarian regimes, and a short-lived islamic government. the message, they keep saying over and over again, they want their freedom. they will not be deterred from it and, more importantly, they are willing to die for their freedom. brian? >> part of 0 our team there in cairo. thanks. >>> after watching all of this from the white house, we turn to u.s. reaction to all of this. let's bring in chief foreign affairs correspondent, andrea mitchell. in our d.c. newsroom tonight, andrea? >> reporter: after meet
. >> reporter: crime soaring, the economy crumbling and above all, the revolution, the one they fought for back in tahrir square, was being hijacked by islamist fundamentalists. even going back to tahrir to protest was too dangerous for her and her friends. sexual harassment of women there was rampant. they demonstrated outside the presidential palace instead. tonight, finally calls for change have been answered. great concern about what comes next, she feels once again egypt is a country...
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Jun 29, 2013
06/13
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but the damage to our economy would be anything but meaningless. and ironically, those are the very types of countries that stands to benefit economically from our loss. summations missions like these will probably just take our jobs, keep pumping more carbon into the air, and what will we have to show for it? what will we have to show for it? host: do is point, what will we have to show for its? hast: this industry provided him with $2.7 million to support his political career. $2.7 million. josh here is a good guy, but believe me, he strikes fear in the hearts of a senate minority leader because this industry are present $2.7 million for mitch mcconnell. so he has that right to standup and defend the shareholders of that industry. the rest has to stand up and say what is good for our country, what is good for our children and our our future. that is what this is about. common sense. improve our energy efficiency so we reduce our waste. go to renewable fuels like wind, solar, other sources. let's reduce its carbon pollution coming out of our power
but the damage to our economy would be anything but meaningless. and ironically, those are the very types of countries that stands to benefit economically from our loss. summations missions like these will probably just take our jobs, keep pumping more carbon into the air, and what will we have to show for it? what will we have to show for it? host: do is point, what will we have to show for its? hast: this industry provided him with $2.7 million to support his political career. $2.7 million....
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Jul 4, 2013
07/13
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the economy was mismanaged. is that because islamist governments may be effective political organizations but they know nothing about economics and marketplaces and how to govern. >> it's tempting to draw that conclusion. if you look at the origins of the egyptian revolution two years ago. the reason the people took to the tahrir square in the first place was because of the dire state of the economy. he and his officials were deemed to be corrupt. they were taking moth the money for themselves and their families and it wasn't going to the people. they wanted a new government that would address the economy. president morsi -- he started off with goodwill. he tried to put together a government of national iew nati. but the government was more interested in pursuing it islamist agenda than the economy. gregg: the non-muslim groups were marginal eyed and punish -- were margi march -- were margind and punished. president obama viewed morsi and the muslim brotherhood as potential partners. was that until i shall and n
the economy was mismanaged. is that because islamist governments may be effective political organizations but they know nothing about economics and marketplaces and how to govern. >> it's tempting to draw that conclusion. if you look at the origins of the egyptian revolution two years ago. the reason the people took to the tahrir square in the first place was because of the dire state of the economy. he and his officials were deemed to be corrupt. they were taking moth the money for...
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Jun 28, 2013
06/13
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CNBC
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we'll kind of grind out and tread on the bottom and move up towards end of the year hopefully as the economy continues to improve but what i would do is buy needs not wants and i think it's an area where it's an area to be a little more conservative than aggress sniff. >> sandy, what about you? >> i think the market will work its way up to 1,684 where it hit its prior highs and you'll form a double top and then irany we get back to 1,500 or so as we get into mid-july and clear the year at 1700. i agree with matt. we'll see more volatility. feel like it's picking up a dime in front of a steam roller. no return and you can really get run over literally so you just lost 4% this months and while we've seen 23 billion come out of bonds, it will ultimately flow into stocks and we'll end higher than where we are today. >> the rising yield environment, matt, still going for dividend stocks, right? >> not all dividends are created equal, mandy. i would avoid the utility and teleconnames where they have high payout ratios and stretch valuations but some areas from the 2.5 to yeelgd namielding na are d
we'll kind of grind out and tread on the bottom and move up towards end of the year hopefully as the economy continues to improve but what i would do is buy needs not wants and i think it's an area where it's an area to be a little more conservative than aggress sniff. >> sandy, what about you? >> i think the market will work its way up to 1,684 where it hit its prior highs and you'll form a double top and then irany we get back to 1,500 or so as we get into mid-july and clear the...
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Jul 4, 2013
07/13
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numbers that show the economy is recovering. wall street was re -- would like that. would, we could get not very good numbers at all. signs the companies are not hiring. wall street, you know what, would like that, too. because that would lead investors to believe the fed will will ease off of its threats. so good news is good news. bad news is good news. if you are an investor. the clues we are seeing so far seem to show we are bogey to get the good news, good news. if that makes any sense. >> that's good news absolutely. >> you will make sense of it for us. thank you. >> always good to have a guru around to help us out. >> let's check in with christina. >> good morning to you. getting those natural fireworks this morning. look at the lightning up in the north bay. look at this. you live along the peninsula and i'm track thing very strong thunderstorm and it just developed and it is on its way to places like castro city, 5 minutes and 36 minutes away from las altos. i will continue to track these for you. minute by minute throughout the "today" show. stay tuned for
numbers that show the economy is recovering. wall street was re -- would like that. would, we could get not very good numbers at all. signs the companies are not hiring. wall street, you know what, would like that, too. because that would lead investors to believe the fed will will ease off of its threats. so good news is good news. bad news is good news. if you are an investor. the clues we are seeing so far seem to show we are bogey to get the good news, good news. if that makes any sense....
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Jul 4, 2013
07/13
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MSNBCW
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we also have to look at the internal economy. it dipped during the one year under the control of the muslim brotherhood. recently it had an uptick in terms of its stock market there in egypt. when we look at the external/internal balance of the economy, how is it that we can, the united states and the west, put forth our inprints on what's happening there or is it hands off? >> look, i think egyptians know and certainly the egyptian business community knows that success in egypt is going to be driven by the private sector and it's going to be driven by trade with the outside world. egypt's not going to prosper on the back of revenues for suez canal transit or even natural gas. they need to generate a strong business kmun nitd at this and they need good ties to the west to do that. there's some liberalization and regulatory reform that needs to take place, but mostly they need a government that can work with transparency and they need reliable courts of law where contracts can be enforced. so these are basic issues and a lot of co
we also have to look at the internal economy. it dipped during the one year under the control of the muslim brotherhood. recently it had an uptick in terms of its stock market there in egypt. when we look at the external/internal balance of the economy, how is it that we can, the united states and the west, put forth our inprints on what's happening there or is it hands off? >> look, i think egyptians know and certainly the egyptian business community knows that success in egypt is going...
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Jul 4, 2013
07/13
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FOXNEWSW
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it's really part of jersey's economy. they rely on especially during the summer months. state officials say it's about $19 billion every year. some 59 million people visited the shore just last year business owners need folks it to come back this year. fox report correspondent jonathan hunt recently visited a woman on belmar's boardwalk whose store front was completely destroyed during super storm sandy. boardwalk from this post sandy to this today. >> i would say everybody is excited to be back but everybody is a little nervous. >> one of the many boardwalk business owners in belmar we first met in march as she prepared to reopen her business hoping for the best if i had the right attitude and energy and people here and i stay on top of it, it can be the best ever. >> and after a lot of work her temporary store a tricked out trailer is back on the boardwalk. did it in 48 hours with a whole crew of wonderful energetic employees there were 9 million boxes couldn't really see straight. everybody was organized and absolutely. >> best summer ever is wavering slightly with pr
it's really part of jersey's economy. they rely on especially during the summer months. state officials say it's about $19 billion every year. some 59 million people visited the shore just last year business owners need folks it to come back this year. fox report correspondent jonathan hunt recently visited a woman on belmar's boardwalk whose store front was completely destroyed during super storm sandy. boardwalk from this post sandy to this today. >> i would say everybody is excited to...
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Jul 5, 2013
07/13
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FOXNEWSW
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in just hours from now new data on the economy. the numbers shedding light on the current state of jobs in america. but with an already volatile market, how will this impact wall street? >> while most of us spent the holiday enjoying hamburgers and hot
in just hours from now new data on the economy. the numbers shedding light on the current state of jobs in america. but with an already volatile market, how will this impact wall street? >> while most of us spent the holiday enjoying hamburgers and hot
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Jul 4, 2013
07/13
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FOXNEWSW
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keep the suez canal open and try and get some stability in the country so the economy can get back on track. that's really the reason a lot of these people were out in the streets. morsi took a bad economy and made it worse. >> yeah. 8% unemployment went up to 13% during his tenure. gdp flatlined dropping in half. currency values wilted, absolutely, they have rolling blackouts, gas shortages. what does the failurethe muslim brotherhood say about a larger failure of slislamists governments in that region of the world? >> i wouldn't draw conclusions too quickly from this. i think a lot of people in the streets want an islamist state and probably supported the brotherhood or more extreme parties in the election. they had their priorities different for morsi. i think they view morsi as neglecting the dire straits they were in to pursue the islamist agenda and they said fix the economy first and do the theology later. i think the brotherhood's experience here is a lesson to others in tunisia and other states. >> are islamists organizations that become governments, are they even capable of
keep the suez canal open and try and get some stability in the country so the economy can get back on track. that's really the reason a lot of these people were out in the streets. morsi took a bad economy and made it worse. >> yeah. 8% unemployment went up to 13% during his tenure. gdp flatlined dropping in half. currency values wilted, absolutely, they have rolling blackouts, gas shortages. what does the failurethe muslim brotherhood say about a larger failure of slislamists governments...
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Jul 4, 2013
07/13
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CNNW
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egypt has a failing economy, a poor security situation. these are big problems at this new interim president's going to have to deal with. >> okay. he gets sworn in today. he's the chief of the constitutional court. not a man that many people around the world would have heard of. some even in egypt wouldn't have heard of him. but he is an interim president going forward until the new parliamentary and presidential elections. what of the former president, mohamed morsi? where is he this hour? >> well, we're hearing right now is that he is under house arrest. and we're also hearing that from the state news agency, that they're also rounding "up" to 300 other members of the muslim brotherhood. the head of human rights watch here in egypt has expressed concern over this, that this isn't what a democratic transition should look like. also a lot of concern over the closure of tv stations that supported president morsi. >> so what you're seeing is a military and a transitional board, as it were, saying this is by no means a coup, this is interven
egypt has a failing economy, a poor security situation. these are big problems at this new interim president's going to have to deal with. >> okay. he gets sworn in today. he's the chief of the constitutional court. not a man that many people around the world would have heard of. some even in egypt wouldn't have heard of him. but he is an interim president going forward until the new parliamentary and presidential elections. what of the former president, mohamed morsi? where is he this...
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Jul 5, 2013
07/13
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CSPAN2
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. >> guest: because if you look at exit polling, most americans believe the economy was so messed up by george bush that obama struggled mightily to overcome this horrible situation he inherited. the second reason is most americans believe republicans only care about rich people. and those are branding problems that the republican party has to to overcome. and it's hard to overcome it because you've got three obstacles; academia, hollywood and our major media, all of which are overwhelmingly liberal. when you say something, it's got to be interpreted through the filter of those three entities, and often it's been distorted. >> host: larry elder is our guest, this is booktv on c-span2 live from the los angeles times festival of books, campus of usc. mike's in fort worth, texas. hi, mike. >> caller: how's it going, larry? my -- pretty good. i'm a african-american democrat, but i agree with you one of the big problems in the african-american community is lack of fathers in the house. but i think, larry, when you say that, you kind of come off kind of harsh on black people. now, what's t
. >> guest: because if you look at exit polling, most americans believe the economy was so messed up by george bush that obama struggled mightily to overcome this horrible situation he inherited. the second reason is most americans believe republicans only care about rich people. and those are branding problems that the republican party has to to overcome. and it's hard to overcome it because you've got three obstacles; academia, hollywood and our major media, all of which are...
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Jul 5, 2013
07/13
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CNBC
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we've really seen that start to dry up, and that's been a key driver of our economy. so we don't expect huge earnings gains as we go forward. we'd said there's a 60% chance that we'd see a slowdown, and one interesting number, when you look at the quantitative easing, 24% annualized increase in the stock prices when there's quantitative easing and a 7% drop when they cut it. >> right. >> so you've got this conundrum crisis. people trying to figure out where to go, and we're seeing -- i talked to an 82-year-old guy who made 19% in the last 12 months and said that's not enough. he needs malcolm forbes and that's an indication that there's a little too much risk-taking up there. >> at least today finally good news is good news. i want to ask you because we go into earnings season, right, and there seems to be a high level of pessimism, and there's a lot more negative earnings guidance than positive earnings guidance. does that maybe set us up for maybe some upside surprises if we've got that low bar? is i would agree with that. companies love to set a very low bar and ex
we've really seen that start to dry up, and that's been a key driver of our economy. so we don't expect huge earnings gains as we go forward. we'd said there's a 60% chance that we'd see a slowdown, and one interesting number, when you look at the quantitative easing, 24% annualized increase in the stock prices when there's quantitative easing and a 7% drop when they cut it. >> right. >> so you've got this conundrum crisis. people trying to figure out where to go, and we're seeing...
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Jul 4, 2013
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if they try to repress it, their economy will flow down, i think. and if they don't, the economic side of the economy will do well but i think that will probably cause pressure on the political system. i don't know what that means quite but i think there will probably have to be changes in their political system and how it functions and operates. but i guess time will tell. one of the chinese proverbs that i have always kind of music over is sometimes you have to kill a chicken to frighten the monkeys. and they do that. they do something -- they invaded part of india not long ago where they captured some fishermen in the islands to fight the monkeys and us and everybody else. but they are measured and they take a long view. i remembered reading that they had a defense minister that fled the country to go to the soviet union at a certain moment. he must not have been doing well and his plane was shot down, and he was killed and a messenger came in and told him that his defense minister had just been killed in a plane crash and his comment was rain wi
if they try to repress it, their economy will flow down, i think. and if they don't, the economic side of the economy will do well but i think that will probably cause pressure on the political system. i don't know what that means quite but i think there will probably have to be changes in their political system and how it functions and operates. but i guess time will tell. one of the chinese proverbs that i have always kind of music over is sometimes you have to kill a chicken to frighten the...
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Jul 2, 2013
07/13
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economy, not the central bank of the world. so it has to focus on its two containing inflation and price stability. other countries have decided to pay their currencies to the dollar, and certainly all these things might inform thinking, there are things they are aware of, but it is primary responsibility for the economy, -- it is primarily responsible for the u.s. economy, not emerging markets. host: our next call is from ron, lafayette, louisiana. caller: listen, i have a three- part question. one part goes to free-trade, or if we got most of our jobs overseas it hurts our economy. if we brought 80% of jobs back it would help. the second part is, if we paid by usingit off insurance, $100,000 per person, and the fed paid it off at $50 per person, -- $50,000 per person, we could pay most of our deficit. the third part is when we have awards paying for a jet that cost $1 million to build, bringi it down more of a sum of $20 million per plane, in the same category of everything else, why can't they do these things and fix these p
economy, not the central bank of the world. so it has to focus on its two containing inflation and price stability. other countries have decided to pay their currencies to the dollar, and certainly all these things might inform thinking, there are things they are aware of, but it is primary responsibility for the economy, -- it is primarily responsible for the u.s. economy, not emerging markets. host: our next call is from ron, lafayette, louisiana. caller: listen, i have a three- part...
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Jul 1, 2013
07/13
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for the economy. >> that's right. it's still way substandard. >> so you got to think about the idea of an extra 1% nominal growth times the operating leverage embedded if a corporate america as lean as it's ever been and 1% is worth x-plus for the bottom line. >> like it or not, bernanke is dealing with zrurl structural issue, not just cyclical. >> i was talking to howard. howard said that or charges, then i put the two together. if there are people at home, they cannot tell the twimps between these two. austen golsby and sandy. you two, are you different people? >> they look more like on camera. >> i think they're insulting you. >> no the class is high here t. care. just the, okay, are you different. i can see that, i'm sorry. >> anyway. >> is your hair real, by the way? >> yeah. >> luxurious, isn't it? bitter, party of one. >> stocks to watch ahead of the u.s. trading day. jim cramer will join us at the new york stock exchange. i'm gonna have to ask you to power down your little word game. i think your friends will
for the economy. >> that's right. it's still way substandard. >> so you got to think about the idea of an extra 1% nominal growth times the operating leverage embedded if a corporate america as lean as it's ever been and 1% is worth x-plus for the bottom line. >> like it or not, bernanke is dealing with zrurl structural issue, not just cyclical. >> i was talking to howard. howard said that or charges, then i put the two together. if there are people at home, they cannot...
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something making up the american economy very efficient. rick: let me ask about the politics of this. the jobs numbers coming out and the indicators, but we live in a world where politicians are looking to make policies and looking to score points politically, so how does this all to the political landscape where the start of this year every week it felt like we were coming up against some sort of a cliff, no deficits are beginning to shrink. what does this mean for the town over your shoulder? >> that last point you made is critically important. we are in a sequester environment in washington, d.c., were $80 billion of cuts. remember everybody said that will be armageddon, it has actually been healthy for the economy. you are spot on right, the budget deficit is falling. still $600 billion per year, but that is a big improvement from over a trillion the last three years. the president will take credit for this. this is still in the context of a normal recovery, still only half of where we should be in terms of the jobs this american econom
something making up the american economy very efficient. rick: let me ask about the politics of this. the jobs numbers coming out and the indicators, but we live in a world where politicians are looking to make policies and looking to score points politically, so how does this all to the political landscape where the start of this year every week it felt like we were coming up against some sort of a cliff, no deficits are beginning to shrink. what does this mean for the town over your shoulder?...
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economy rides on the back of a tiny percentage of people. a lot of them in this room who go out and do miraculous things that create jobs for other people. the fact that we limit those really smart people from coming into the united states is a really beknighted, ridiculous thing to do. i can't imagine. so the answer is, no, we do not have enough of those. [applause] i don't have a strong view on that, by the way. [laughter] >> this is a question for curt. how do you see your physics background help with what or doing? any advise for physics students in college? if you had a chance to choose again, would you choose physics again? >> well, everybody should study physics, right? [laughter] >> go into computer science. >> um, i actually think it's very helpful for me in two ways, one of which because it's kind of a broad fundamental background, and because sri does so many different things. it really helps. but the other thing they drive home in physics is to come up with simple, fundamental resolutions. you know, as simple as possible but no s
economy rides on the back of a tiny percentage of people. a lot of them in this room who go out and do miraculous things that create jobs for other people. the fact that we limit those really smart people from coming into the united states is a really beknighted, ridiculous thing to do. i can't imagine. so the answer is, no, we do not have enough of those. [applause] i don't have a strong view on that, by the way. [laughter] >> this is a question for curt. how do you see your physics...
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." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: egypt's new leader called for reconciliation today, even as the army arrested key members of the muslim brotherhood-- the party of deposed president mohammed morsi. cheers of celebration erupted in tahrir square today as egyptian military jets flew in formation over the streets of cairo, marking the installation of an interim president. state television broadcast live the swearing-in of adli mansour, the former chief justice of egypt's supreme constitutional court. >> ( translated ): i vow to safeguard the republican system and to respect the law and constitutio
." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions...
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the holiday trend that shows things may be looking up for the economy. ,,,,,,,,,,,, sleep train's ticket to tempur-pedic ends sunday. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back guarantee, interest-free financing, and free delivery? that's the ticket! sleep train's ticket to tempur-pedic ends sunday. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> how about a baseball on the 4th of july? as and cubs sunny and warm very nice. 76 degrees. >> and even as the bart strike continues we are finally seeing "holiday light" traffic today so if you have to commute into work you won't have much company now across the golden gate bay bridge and san mateo bridge. we'll tell you your mass transit options coming up. >>> here's a head shaker for you. the u.s. state department is cutting the cash it spends trying to get more "likes" on facebook. can you believe th
the holiday trend that shows things may be looking up for the economy. ,,,,,,,,,,,, sleep train's ticket to tempur-pedic ends sunday. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back guarantee, interest-free financing, and free delivery? that's the ticket! sleep train's...
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is there a chance to get egypt's economy back up and running? in the short term that would be difficult for anybody. egypt has major structural problems, economically speaking, that it has to address. but one of the reasons people say now is an opportunity to address that is because you can have political consensus to make tough economic decision. that was something morsi couldn't do couldn't get everybody to agree on way forward to get the economy revived. alex? >> nbc's amman mohyeldin, thank you very much from cairo. >>> from there to the white house where president obama con rain issed his national security team to discuss the situation in egypt. both the president and the state department said the developments run settling. >> we are clearly concerned about the violence on the ground. we are concern shad dense and fast-moving situation. >> joining me now, nbc white house peter alexander. the president called for hosni mubarak to step down a couple years ago. shout white house addressing this situation now with morsi? >> reporter: susan rice
is there a chance to get egypt's economy back up and running? in the short term that would be difficult for anybody. egypt has major structural problems, economically speaking, that it has to address. but one of the reasons people say now is an opportunity to address that is because you can have political consensus to make tough economic decision. that was something morsi couldn't do couldn't get everybody to agree on way forward to get the economy revived. alex? >> nbc's amman mohyeldin,...
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they said he destroyed the country's economy, stacked the government with his must lick brotherhood supporters. they are now looking forward to a new era in egyptian politics. meanwhile, on the other side of town, pro morsi supporters are feeling very different. they are very angry. they say morsi had the right to finish his democratic elected term. other muslim brotherhood leaders have been rounded up. he is under arrest. this country braces for possibility more political instability. clarissa ward, cairo. >>> president obama says he is deeply concerned about the situation in egypt. in a statement last night, he called on the military to hand control back to a civilian government. president obama did not label the removal of president morsi a coup. good morning to you and to anthony. >> what is clear from the president's statement and speaking with administration officials, is that they do not want to be seen as backing a military coup. that's why they stressed that egypt's future can only be determined by the egyptian people. the u.s. has close ties with the egyptian military. they asked pre
they said he destroyed the country's economy, stacked the government with his must lick brotherhood supporters. they are now looking forward to a new era in egyptian politics. meanwhile, on the other side of town, pro morsi supporters are feeling very different. they are very angry. they say morsi had the right to finish his democratic elected term. other muslim brotherhood leaders have been rounded up. he is under arrest. this country braces for possibility more political instability. clarissa...
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economy. tonight, computer hacking and information activism. online hear about surveillance, and why the government could be using a law from 1984 to prosecute whistleblowers. here is a portion. >> what we are seeing in trends is there is increasing government surveillance of us people, and increasing corporate surveillance of us, and at the same time people who are exposing this are being more heavily prosecuted. underscoredannot be enough. i wanted to talk about that. and how people are being prosecuted is that the government is using this law , unbelievably written in 1984, which is ironic for all the reasons you would imagine, and if you think about it, it was written at a time before there were computers. the law is incredibly broad. it is frightening, really. that touches a computer could be prosecuted under this law. whenever you come to a new website, a facebook page, and you click a terms of service agreement which you did not read and you do not obey those exact terms, that you have
economy. tonight, computer hacking and information activism. online hear about surveillance, and why the government could be using a law from 1984 to prosecute whistleblowers. here is a portion. >> what we are seeing in trends is there is increasing government surveillance of us people, and increasing corporate surveillance of us, and at the same time people who are exposing this are being more heavily prosecuted. underscoredannot be enough. i wanted to talk about that. and how people are...
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you're competing at the global innovation economy where everybody knows what you're doing, they hear about it instantaneously so there's no hiding. so you have to realize the bar isn't here, it's up here. so you really want to work -- it's one of the reasons why we always talk about who's the best partner, who should we be working with on this, how do we assemble the best teams? because we're all in to olympics now. the worldwide olympics. we can't hide anymore. so some of this is driven by that. >> you have this very systematic innovation model. where did it come from? dud you bring it with you when you came to sri? >> i brought some of it, some of it was here. i would say i'm very passionate about teaching innovation, the fundamentals of innovation. and one of the things i helped bring was a very systematic process for that. so we have workshops that we give to our people on the fundamentals of innovation. we've had thousands of senior executives from all over the world. bbc, swiss com, all kinds of companies you'd recognize. most companies don't have an innovation process. it's ha
you're competing at the global innovation economy where everybody knows what you're doing, they hear about it instantaneously so there's no hiding. so you have to realize the bar isn't here, it's up here. so you really want to work -- it's one of the reasons why we always talk about who's the best partner, who should we be working with on this, how do we assemble the best teams? because we're all in to olympics now. the worldwide olympics. we can't hide anymore. so some of this is driven by...
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decade, an incredible story unfolded in b sub-saharan africa, where six of the ten fastest growing economies are located. over the next decade, africa's gdp is expected to raise by an average of 6% a year. africa matters, not for a site of aid or development or pity. the president is there to try to stake a claim in this emerging market. also africa matters to the president in a personal way. for a black man, the country's first black president, standing in the door of no return. the entrance to the slaveships heading to the americas obviously holds the kind of symbolism absent from george w. bush's bill clinton's visit to africa. this is barack hussein obama, son of barack hussein obama sr., born and raised in kenya. in fact, nelson mandela right now in johannesburg are the two most famous men in the world through which african blood runs. joining me, she has lived in ghana, reported from south africa. john nichols at "the nation." john traveled with nelson mandela in south africa. and a nigerian american journalist and night media scholar at yale law school. great to have you all here. you
decade, an incredible story unfolded in b sub-saharan africa, where six of the ten fastest growing economies are located. over the next decade, africa's gdp is expected to raise by an average of 6% a year. africa matters, not for a site of aid or development or pity. the president is there to try to stake a claim in this emerging market. also africa matters to the president in a personal way. for a black man, the country's first black president, standing in the door of no return. the entrance...
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he began to take notice of political events when he began to see his students were affected by the economy. i mean, he was surprised to find his students weren't getting good jobs. if they were getting good jobs at all, they were low-paid, blue collar jobs. they reacted by becoming left wing in their politics, and that drew oppenheimer into left-wing political activity on the west coast. and that tendency was strengthened by the fact that his first serious lover, jean, was also part of the left-wing scene in california, a member of the communist party and drew oppenheimer further into that, as did one of his colleagues at berkeley, who taught french literature, was also a member of the communist party. so a mixture of his lover, his friends and his students, got oppenheimer not into the communist party, in the formally a member of the communist party but he said he joined every communist front organization on the west coast. so he would go to fundraising parties, he would attend meetings to discuss ideas. he would take part in demonstrations. all of which were dominated by members of the c
he began to take notice of political events when he began to see his students were affected by the economy. i mean, he was surprised to find his students weren't getting good jobs. if they were getting good jobs at all, they were low-paid, blue collar jobs. they reacted by becoming left wing in their politics, and that drew oppenheimer into left-wing political activity on the west coast. and that tendency was strengthened by the fact that his first serious lover, jean, was also part of the...
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all of that raising concerns that health care law was going to hurt workers and the economy. the news came while the president was flying back from africa to washington.ack from a major concession in what is considered the president's signature achievement. [ bleep ] hosted with no fanfare on the wh white house website, the administration pushed back by one year the requirement that ck by on businesses with more than 50 workers provide health care coverage or pay fines of $2,000 for employees. for we have listened to your feedback and we are taking action. action. the decision marks a shift in shift the official line on health care with the president himself care stating recently -- it's >> i think it's important for us to recognize and acknowledge this is working the way it's supposed to. >> two pink and two yellow. >> reporter: but the concerns were were widespread. some sma some small business owners said they would lay off workers so they h they had less than the 50 e employees that brought them ught them- under the new law. even business owners who supporters health care
all of that raising concerns that health care law was going to hurt workers and the economy. the news came while the president was flying back from africa to washington.ack from a major concession in what is considered the president's signature achievement. [ bleep ] hosted with no fanfare on the wh white house website, the administration pushed back by one year the requirement that ck by on businesses with more than 50 workers provide health care coverage or pay fines of $2,000 for employees....
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economy. we will be right back. >> one of the points we make in this book -- didn't make any difference to have have direct popular elections? i think we come down on the side that, yes, it did make a difference. senators began to act like house members which, of course, not something any senator wants to hear. it means they are scavenging for votes. they actually had to go and deal with the people as opposed to, if you got a state legislature and let's say there are 26 members of your state senate, all you need are 14 votes and you could easily pay off. and they did, indeed, in some cases, pay off 14 senators. paying off their mortgages in a couple of notorious cases, to buy their election. >> more with historian emeritus of the u.s. senate richard baker sunday night at 8:00 on c-span's "q&a." blackokies thought coming west they would leave behind the racism. the sun didn't shine a little more benignly on them here, but i remember one of them tell me it was even a more cruel kind of racism. i
economy. we will be right back. >> one of the points we make in this book -- didn't make any difference to have have direct popular elections? i think we come down on the side that, yes, it did make a difference. senators began to act like house members which, of course, not something any senator wants to hear. it means they are scavenging for votes. they actually had to go and deal with the people as opposed to, if you got a state legislature and let's say there are 26 members of your...
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economy. that's good, because a better economy means americans are going to use more oil. that is kind of the up side to seeing oil prices move a bit higher. carol? >> so let's talk about the possible downside. what does it mean for gas prices? >> that means we're going to be paying more. so expect to pay more for gas this july 4th compared to last year. at $3.48 a gallon verse us $3.3a gallon a year ago. prices yesterday ended a 21-day streak of increases. aaa prices hit summer lows about this time in 2011, 2012. but the problem is, expect to see prices start to climb. >> okay. well, at least you warned >>> coming up in the newsroom, in the courtroom he sits just a few feet away from george zimmerman. no one is more associated with zimmerman than his attorney, mark o'mara. we'll take a closer look at the face of the defense when we come back. if you're living with moderate to severe crohn's disease, and it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other
economy. that's good, because a better economy means americans are going to use more oil. that is kind of the up side to seeing oil prices move a bit higher. carol? >> so let's talk about the possible downside. what does it mean for gas prices? >> that means we're going to be paying more. so expect to pay more for gas this july 4th compared to last year. at $3.48 a gallon verse us $3.3a gallon a year ago. prices yesterday ended a 21-day streak of increases. aaa prices hit summer...
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it is a bill that's good for our economy. so the congressional budget office has put out an estimate that says that it will help -- it could help our gross domestic product to grow by 1.3% which means $200 billion a year additional coursing through our economy. that will help to create jobs. it will bring down the budget deficit by a trillion dollars almost a trillion dollars over the course of 20 years. >> bill: how is that so? where is that coming from? spending more money? >> there are several things that happened. so first of all this bill will help to bring in and keep in the united states, a lot of very highly-skilled immigrants from all around the world. the ph.d. and masters degree candidates from -- who were foreign-born studying in american institutions, so hard for them to get a green card to stay here right now. the system is so badly broken that it badly needs to be fixed. we're working on -- with the senate right now in this bill, to create what's called a stem stapling strategy which is if you get a ph.d. or a
it is a bill that's good for our economy. so the congressional budget office has put out an estimate that says that it will help -- it could help our gross domestic product to grow by 1.3% which means $200 billion a year additional coursing through our economy. that will help to create jobs. it will bring down the budget deficit by a trillion dollars almost a trillion dollars over the course of 20 years. >> bill: how is that so? where is that coming from? spending more money? >>...
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alexander hamilton, and a whole bunch of other people who believe that a , innovative, entrepreneurial economy depends on government and other collective forces doing things to make that possible. we spoke about internal improvements. we now call that infrastructure. we build roads that bind us together and allow us to have commerce. they serve the interests of prosperity and, i believe, in the long run, liberty. my argument, just to double back, is that the tea party views the founding and the entirely about individualism and liberty. that the first word of the constitution is "we." it is a we document, not and i i document. an would talk about living room conversations. my friend who is a fonder of -- hasder of moveon.org created a set of projects called living room conversations. the format is simple. i want to let you describe it. you and joan are dissipated in these that participated in these . not in a come by our way -- kumb ayah way. there are tensions between liberty and community. there's a tension tension between a strong state and a free people. can you tell us about what you and j
alexander hamilton, and a whole bunch of other people who believe that a , innovative, entrepreneurial economy depends on government and other collective forces doing things to make that possible. we spoke about internal improvements. we now call that infrastructure. we build roads that bind us together and allow us to have commerce. they serve the interests of prosperity and, i believe, in the long run, liberty. my argument, just to double back, is that the tea party views the founding and the...
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the general slow improveme of the economy and the re-emergence of investors are largely credited with making sellers so happy. >> on the buyers' side it's a completely different story. >> reporter: true enough. in some of the hottest markets, buyers who were calling the shots just a few months ago now find themselves in bidding wars for the most desirable properties. still, the journey to a full recovery could yet see road blocks and it will certainly take time. even with the upward trend, one study found the average home value now is about where it was in 2004. tom foreman, cnn, washington. all business purchases. so you can capture your receipts, and manage them online with jot, the latest app from ink. so you can spend less time doing paperwork. and more time doing paperwork. ink from chase. so you can. >>> checking today's top stories. president obama met with members of nelson mandela's family today. he also called mandela's wife at the hospital. mr. obama is also holding talks with south african president jacob zuma. the two leaders addressed the importance of growing trade and
the general slow improveme of the economy and the re-emergence of investors are largely credited with making sellers so happy. >> on the buyers' side it's a completely different story. >> reporter: true enough. in some of the hottest markets, buyers who were calling the shots just a few months ago now find themselves in bidding wars for the most desirable properties. still, the journey to a full recovery could yet see road blocks and it will certainly take time. even with the upward...
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it is really retarding the growth of our economy. what we've got to do is reform the tax code could if we can use the scandal as a reason to reform the tax code, we would be far more productive. host: jeff joins us on the republican line from texas good --. -- texas. caller: good morning. a couple of things. -- first one the in congress i am glad that we have somebody in congress, meaning the house, that will stop the obama agenda. i do not mind obama. i am a republican, but personally i do not care. when it comes to my kids and grandkids, i hate the fact that obama is spending them into oblivion like he is. --immigration, i do not care i do not care what they do with the people in this country, as long as they secure the borders and they get no benefits. the house kind of ticked me in the butt when we did the sandy bill and it went from $11 billion for the east coast to $70 billion is everybody had to have their pork. lerneras the irs, if wants to take the fifth, she can pack her bags and get out and never come back. was are my comm
it is really retarding the growth of our economy. what we've got to do is reform the tax code could if we can use the scandal as a reason to reform the tax code, we would be far more productive. host: jeff joins us on the republican line from texas good --. -- texas. caller: good morning. a couple of things. -- first one the in congress i am glad that we have somebody in congress, meaning the house, that will stop the obama agenda. i do not mind obama. i am a republican, but personally i do not...
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critics say he ignored the economy while empowering islamic fundamentalists. the military intervened at the people's request insisting it had no interest in running egypt. president obama said wednesday she deeply concerned about the egyptian military's decision, in a statement released by the white house, the president called for the egyptian military to move quickly and responsibly to return full authority back to a democratically elected civilian government as soon as possible through an inclusive and transparent process. morsi is held incommune a ka due. several leaders detained. some held at the same prison as mubarak. supporter are furious. some are armed. there are fears they could go undergrown and become an insurgency. the u.s. embassy is worried there could be violence and is advising knot just non-essential staff to leave but american citizens in egypt as well. on a separate note the u.s. embassy canceled its traditional fourth of july reception. >> richard engel in a significantly quieter tarir square. thanks so much. the washington bureau chief fo
critics say he ignored the economy while empowering islamic fundamentalists. the military intervened at the people's request insisting it had no interest in running egypt. president obama said wednesday she deeply concerned about the egyptian military's decision, in a statement released by the white house, the president called for the egyptian military to move quickly and responsibly to return full authority back to a democratically elected civilian government as soon as possible through an...
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>> well, in africa seven of the fastest growing economies in the world are in subsahara and africa. president obama is really trying to reposition the u.s. to take advantage of that market, to get american companies doing more business, doing more trade, doing more investment. so in each of the stops, trade and investment has been a very important theme. as had engagement with the youth, because on the african continent, the average age is about 15 years old. the president is developing programs that will focus on the next generation of political leaders, next generation of entrepreneurs, the next generation of legislators and civil society leaders. and that's a different kind of relationship than the u.s. has had in the past. >> there is, of course, ron just alluded to this and we heard this from earlier from kristen welker as well. significant challenge from china, specifically, for influence in subsahara and africa. many in africa has been disappointed at what that call a lack of u.s. attention while china continues to make inroad there's. there was a story from the "new york tim
>> well, in africa seven of the fastest growing economies in the world are in subsahara and africa. president obama is really trying to reposition the u.s. to take advantage of that market, to get american companies doing more business, doing more trade, doing more investment. so in each of the stops, trade and investment has been a very important theme. as had engagement with the youth, because on the african continent, the average age is about 15 years old. the president is developing...